Why Lease a Village Home?

When you are making a purchase in a retirement village home, you are making a decision that will keep you secured in a village that will be your home for as long as you like and cannot be sold without your express permission. When you buy a lease this also means that village managers responsible for the maintenance of the village will keep the grounds up to a high standard. So many advantages lie in buying a lease, such as-

The money you save from selling a lease, in opposition to developing retirement village costs.

The residency agreement is legally binding and protected by the Retirement Villages Act. A memorial is in place to protect the buyer and seller over the Title of the village land.

The lease purchase is an investment, so there is capital growth you can share in with the owners of the property.

Make sure you understand the agreement and the level of capital you are investing in.

A Seniors Real Estate Specialists -SRES® will help make arrangements to sell your retirement home for you, but this depends on your agreement. Some properties can only be sold by management, so inquire on our website or email us and we’ll be only too happy to help.